sector

24 Articles
Economy

Nigeria’s economy grows by 30% after GDP recalculation, incorporating digital services and informal sector

Nigeria’s economy has experienced a significant transformation following a comprehensive recalculation of its Gross Domestic Product (GDP), leading to a 30% increase in...

World

UK government plans to ban public sector bodies from paying ransoms to cybercriminals

The UK government has announced plans to prohibit public sector organizations and operators of critical national infrastructure—including the National Health Service (NHS), local...

Economy

Malta’s National Statistics Office reports a 25% increase in tourist arrivals during the first four months of 2025

Malta’s tourism sector has experienced a significant surge in 2025, with the National Statistics Office (NSO) reporting a 17.4% increase in inbound tourist...

World

EU Approves Brasserie Nationale’s Acquisition of Boissons Heintz with Conditions to Preserve Competition

The European Commission has granted conditional approval for Brasserie Nationale’s acquisition of Boissons Heintz, two of Luxembourg’s leading beverage distributors. The deal, executed...

World

China’s Belt and Road Initiative boosts Cuba’s energy sector with 55 solar parks in 2025, aiming to meet two-thirds of island’s daytime power needs

China’s Belt and Road Initiative (BRI) has significantly bolstered Cuba’s energy sector by supporting the installation of 55 solar parks across the island....

World

China’s BYD to start assembling electric cars in Brazil

Chinese electric vehicle (EV) manufacturer BYD has commenced production at its new plant in Camaçari, Bahia State, Brazil, marking a significant milestone in...

Economy

U.S. Retail Sales Increase, Indicating Continued Consumer Confidence

The U.S. retail sector has demonstrated notable resilience, with consumer spending continuing to drive economic growth despite various challenges. In March 2025, retail...

Politics

Tech Sector Growth Boosts Economic Forecasts, Yet Geopolitical Tensions Raise Caution Among Investors Globally.

The global technology sector is experiencing significant growth in 2025, contributing positively to economic forecasts. In the United States, tech spending is projected...

Crime

China is fast-tracking the consolidation of its financial sector to rival Western banking giants

China is accelerating the consolidation of its financial sector, aiming to create globally competitive institutions capable of rivaling Western banking giants. This strategic...

Politics

EKEDC Blames Lagos Power Woes on Faulty 330kV Transmission Lines

The Eko Electricity Distribution Company (EKEDC) announced yesterday that the ongoing poor power supply in Lagos stems from a fault on the 330kV...